Question

The amount of money in a savings account is modeled by the function f(x) = 50x+100 , where x represents time in months . What does the 100 represent ?

Answer 1

The given function is

`f(x)=50x+100`

The number 50 represents the ratio of change, specifically, $50 per month.

On the other hand, the number 100 is the independent term, which refers to the initial condition, that is, the initial amount of money is $100.

Hence, the right answer is A.